A Step-by-Step-Guide on how to buy Electra (ECA)
Step 1 – Signup to Kraken You will first need to buy one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get Bitcoin or Ethereum.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Electra (ECA) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Electra (ECA) Once your deposit has been verified, you'll now have access to your finances and you can initiate buying and trading. To buy Electra (ECA) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To spot Electra (ECA), you will need to insert the cointype (ECA) into the search box, which is marked in the picture. Be certain of having selected the right grouping, we have highlighted this too. Click on “ECA/BTC” to go on.
Step 4 – Buying Electra (ECA) As soon as you have spotted Electra (ECA), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we are creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation Electra (ECA) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of ECA you wish to buy. The ”Total” field is the whole price in BTC that you will pay for the whole quantity of ECA. When you're happy, click on “Buy ECA”. Your order will be filled when a Seller sells their ECA for the price you gave.
Step 5 – Withdraw Electra (ECA) Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an extended period of time. In order to take off your Electra (ECA), go to the tab called “Funds” and click on “Withdraw”. Electra (ECA) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Electra (ECA) by using the provided drop-down box. Put into the amount of Electra (ECA) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.